Category: AIRLINES & AIRPORTS

Brussels Airlines to Reduce Fleet by 30% and Cut 25% of Jobs

Reading Time: < 1 minute Severely hit by the coronavirus crisis, Brussels Airlines has announced that it plans to close unprofitable routes, reduce number of aircraft and cut its workforce. “The carrier needs to structurally reduce its costs to a competitive level” to maintain business and return to growth after the demand begins increasing again. “According to analysts and experts, […]

Ryanair to Reinstate 40% of Flights Across 90% of Its Network

Reading Time: < 1 minute Ryanair has announced about its plans to re-launch 40% of flights across 90% of pre-crisis route network from July. The airline expects to operate almost 1,000 flights daily. Although the return to operations at such a scale is still a subject to restrictions lift and safety measures introduced, the low-cost carrier has set very ambitious […]

Coronavirus Crisis Drives Avianca to Bankruptcy

Reading Time: < 1 minute Avianca Holdings S.A., Colombia’s national carrier, has filed for Chapter 11 bankruptcy protection in the United States court. One of the oldest airlines in the world aims to reorganise its business to continue operations. According to a statement, the “filing was necessitated by the unforeseeable impact of the COVID-19 pandemic”. Although Avianca is the second […]

Lufthansa
Lufthansa, Eurowings and SWISS to Take Off with 160 Aircraft

Reading Time: < 1 minute Ending repatriation flights on 31 May, Lufthansa, Eurowings and SWISS are about to take off with a total of 160 aircraft. From June three airlines of the Lufthansa Group plan to begin with 106 destinations across Germany and Europe. The repatriation flights have been performed by only 80 aircraft. Now the Group will reactive 80 […]

airBaltic Secures Governmental Support to Survive the Crisis

Reading Time: < 1 minute The Latvian airline airBaltic announced that the major shareholder of the carrier, the Cabinet of Ministers of the Republic of Latvia, has approved the investment of up to EUR 250 million into the equity of airBaltic. The government’s plan to provide its investment to airBaltic in tranches is still a subject to approval of the […]

Air France
Air France-KLM Group Operates only 5% of Capacity During Q2

Reading Time: 1 minute The crisis provoked by the coronavirus pandemic has hardly hit Air France-KLM Group. At present it is “navigating a storm of unprecedented severity” and during the second quarter operates only around 5% of the previously planned capacity. In a statement, the company revealed that after a slow resumption of flights throughout summer, in September it […]

Wizz Air to Launch Flights to Abu Dhabi Already in June

Reading Time: < 1 minute Wizz Air, one of the biggest European budget airlines, has confirmed it is about to launch flights to Abu Dhabi, the capital city of the United Arab Emirates, already in June, 2020. In a post on its official Facebook page, the company said it plans opening five new routes directly connecting Europe with Middle East. […]

British Airways to Cut up to 12,000 Jobs Due to the Crisis

Reading Time: < 1 minute The coronavirus pandemic has hardly hit business of British Airlines. The parent company of the carrier has announced that British Airways will cut up to 12,000 jobs. According to International Airlines Group (IAG), in order to align operations with a low demand for air travel, British Airways needs to implement “restructuring and redundancy programme“. “The […]

Wizz Air to Open a New Base in Ukraine with One Airbus A320

Reading Time: < 1 minute Wiz Air has announced it will open a new base in Lviv, Ukraine, on 1 July, 2020. It would be the first in Lviv and the second in Ukraine. The airline said that the new base at Danylo Halytskyi International Airport will become a home to one Airbus A320 aircraft. Apart from that, one of […]

SAS to Cut 5,000 Jobs to Adapt Its Business to Lower Demand

Reading Time: < 1 minute Further responding to the crisis and adapting operations to a lower air travel demand, SAS has announced it will cut up to 5,000 full-time positions. Considering the fact that demand for passenger air services will remain low for the rest of 2020 and will reach the pre-crisis levels only in several years, the airline said […]